Tamarack Valley Energy (TSE:TVE - Get Free Report) was upgraded by equities researchers at Desjardins from a "hold" rating to a "moderate buy" rating in a note issued to investors on Thursday,Zacks.com reports.
Other analysts have also issued reports about the stock. Raymond James Financial boosted their price objective on shares of Tamarack Valley Energy from C$6.00 to C$6.50 and gave the company an "outperform" rating in a report on Thursday, July 31st. National Bankshares boosted their price objective on shares of Tamarack Valley Energy from C$7.25 to C$7.50 and gave the company an "outperform" rating in a report on Friday, September 19th. CIBC boosted their price objective on shares of Tamarack Valley Energy from C$6.25 to C$7.00 and gave the company an "outperform" rating in a report on Friday, September 19th. ATB Capital lifted their target price on Tamarack Valley Energy from C$6.00 to C$6.25 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada lifted their target price on Tamarack Valley Energy from C$6.00 to C$7.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$6.58.
Check Out Our Latest Stock Report on Tamarack Valley Energy
Tamarack Valley Energy Stock Up 1.5%
Shares of TVE opened at C$6.03 on Thursday. The firm has a market cap of C$3.00 billion, a P/E ratio of 12.56 and a beta of 1.10. Tamarack Valley Energy has a 12-month low of C$3.10 and a 12-month high of C$6.44. The company's 50-day moving average price is C$5.72 and its 200 day moving average price is C$4.91. The company has a current ratio of 0.73, a quick ratio of 0.80 and a debt-to-equity ratio of 34.61.
About Tamarack Valley Energy
(
Get Free Report)
Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tamarack Valley Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tamarack Valley Energy wasn't on the list.
While Tamarack Valley Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
